All euro-area governments, including Chancellor Angela
Merkel’s, must make debt reduction the priority, Boerner said
today in an e-mailed statement. Breaking up the euro area would
only create new problems, he said.

“The euro’s core problems haven’t been solved so far,” he
said. “Governments have only bought time. A stable euro is one
of the foundations for the German economy’s success.” The BGA
backs Merkel’s push to give the euro “long-term stability.”